Sigma360 Announces GenAI Innovations to Transform Financial Crime Compliance

NEW YORK, Feb. 28, 2025 /PRNewswire/ -- Sigma360^®, the definitive AI-powered risk screening and monitoring platform that enables compliant global relationships, today announces the launch of three GenAI-based product enhancements. Available as feature add-ons to Sigma360's existing flagship technology platform, and capable of working together or as standalone features, the new GenAI suite addresses three top compliance challenges:

• Cumbersome and time-consuming match decisioning and risk escalation on initial alert;
  
  
• Manual, investigative risk reporting summarization and structuring;
  
  
• Inefficient adverse media screening due to lack of tuning parameters and data structure

"Compliance leaders and their teams need more than just data—they need context, speed, and automation to stay ahead of financial crime risks and meet regulatory requirements," said Stuart Jones Jr., CEO of Sigma360. "Our continued investment in AI and GenAI innovations sets us apart and represents a new standard for how organizations detect threats, make informed decisions and maintain compliance with confidence."

Sigma360's Approach to AI Innovation

Sigma360's latest platform enhancements transform how financial crime teams operate, combining machine learning, Large Language Models (LLMs), and AI-powered intelligence to cut through complexity and deliver real-time insights where and how they need. These improvements are delivered across the following new capabilities:

• L1 Agent – A powerful GenAI co-pilot that automates match decisioning and risk evaluations, prioritizes high-risk alerts, and assists in decision-making with intelligent context and precision. The L1 Agent can replace manual match reviews, with full transparency into decision making and ongoing sample-based efforts to ensure consistent and precise results.

The following new capabilities can work in addition to the L1 Agent or as standalone features:

• Adverse Media Risk Summarization – Designed to address ineffective adverse media screening with GenAI powered risk summaries that work in conjunction with existing Sigma360 materiality, entity risk, and conviction models to fundamentally reshape how teams evaluate adverse media risk detection at scale. The media-related 'summary view' helps redefine how and when adverse media article alerts are generated and reviewed by human analysts. It also helps reduce hit rates, and can be tuned to only escalate and identify risks based on defined internal policies and risk appetite.

• Entity Risk Summarization – Engineered to reduce manual investigations, risk summarization and reporting, this feature streamlines the creation of due diligence and 'Level 0' reports, providing compliance teams with concise, structured risk intelligence reporting across all Sigma360 risk types, while maintaining full transparency into underlying data sources. This builds on and incorporates earlier releases, like HyperScan^™, that Sigma360 provides at no cost and makes available at https://sigma360.com/hyperscan.

"Ever increasing cost in technology and data coupled with rapidly evolving regulatory requirements, has the compliance technology market primed for generative AI adoption," said Phil Wittmann, SVP of Client and Partner Solutions. "With generative AI model evolution, and our investment in responsible and ethical development of AI, we are committed to helping compliance and technology executives successfully embrace generative AI into day-to-day compliance initiatives that are proven to reduce operational burden and enhance decision making with full transparency and oversight to meet regulatory requirements."

About Sigma360
Sigma360's cloud-based data platform has emerged as the definitive choice for point-in-time risk screening and perpetual client monitoring. Underpinned by thousands of fully integrated and hosted data sources and proprietary entity resolution, risk extraction and scoring algorithms, the platform can identify and return direct and network-based entity risk at sub-second speeds. Sigma360's solutions are used by financial institutions, asset managers, professional services firms, fintechs and global corporations seeking to consolidate operations into a singular risk intelligence platform and more efficiently manage the entire client lifecycle.

To find out more about Sigma360’s approach to advanced adverse media capabilities please  request your demo today.